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Devendra Company pays cash dividends of $600. The entry for this transaction will include a debit of $600 to

Sagot :

abiolataiwo2015

Answer:

Dividend

Explanation:

Based on the information given if the Company pays CASH DIVIDENDS of the amount of $600, the Appropriate journal entry for this transaction will include a DEBIT of $600 to DIVIDENDS

as the $600 represent CASH DIVIDEND amount paid by the company.

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